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I definitely agree with this. I have been collecting bitcoin as much as I can work for as long as I can remember and never stopped doing it and this year has been the biggest potential I can ever see. The prices for many coins not just bitcoin has been insanely high, I know maybe not all of them will go break the all time high prices during a bull run but honestly if you save your coins and tally up than you will definitely get a good surprise when the time comes.
Make logical and sensible investments this year and next year you will be rewarded with a great return on your investments. I can't really know when, no one can know that but I feel like it will happen, it will happen eventually, we will be rich when it happens.
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Not all "foundation" is to the "team" that is basically owning the ICO or the coin or whatever but also people who work there.
So, if you decide on making a new coin you need developers, graphic designers, marketing people and many more which all costs money. If you convince them to get the coin than they will be paid with the coin which you can consider "15% to the foundation" but if they don't than they can be paid with the ICO funds they get.
In one way or another you have to pay the team, even if the owner doesn't get paid and just uses his own coins for stuff they need to pay the team that worked on it, either on the coin or ethereum or something but they have to pay them. So that is why there is always some coins saved aside for paying stuff the ICO needs to pay and that is usually used as "foundation" so you don't write in detail where it goes to.
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of course the development team in it. usually they disappear from any group, whether it's telegram or in the thread bounty itself. unfortunately the crypto industry has no legal power, so that all forms of fraud cannot be handled by the state law.
One thing when it comes to identifying scam project is to always take a good look at the team and if from your thorough scrutiny, and I will reiterate that; thorough scrutiny, you are able to see if this is a team with which you can really be entrusting your money or not, then, that would go along with the decision you will be making eventually. This space is unregulated, and we get to see a lot of people doing as they please, and a lot of inexperienced investors getting to become a victim, so in a way, you should be asking yourself as an individual what the experienced investors are doing that you are not doing. Scam project is not unpredictable. Your ability to detect them is always dependent on your level of knowledge in most cases when it comes to identifying scams. If you are considering putting scammers into jail, I bet you have not realized that there is no scammer that actually gets to put their real faces out there. What is most important in these scenarios is that, you should be at least looking at the fact of trying to detect and discern a scam project from a good one. The signs are always going to be there, some are just too lazy to do due diligence on the team and the whole projects entirely. |
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Thought it hasn't been asked this way before. The question is actually quite loaded.
I agree with others, capitulate could mean anything at that sentence. If you mean buying bitcoin than I am currently buying bitcoin whenever I can, well technically I am not "buying" bitcoin because I am paid in bitcoin but I try to cash out less and less and keep more and more bitcoin in there instead of actually cashing it out (I have to cash out because I gotta pay the bills and live with it) the more I keep in there the harder for me to live easily but I rather cut from my expenses and keep bitcoin in because I really believe in these prices. Also, if you mean selling I would definetly sell all of my coins if it hits $20k once again, I see that as my psychological amount, I have sold it at 20k last time so I was one of the lucky ones but I also would like to see it hit there again. |
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well iv been from 20k btc down to 6k further crash wont effect me
If you are still holding your coins despite the crash then it is very likely that you are going to be completely unaffected by any crash that you face in the future, the only thing that I will recommend you is that you learn how to trade, so in the future when the price begins to go down and you see very clear signals that this is going to be the start of a bear market you can sell your coins and then enter the market once it crashed. The only thing that is basically require when it comes to being able to hold a market for as long as you can is patience as well as understanding that no matter what, the future of what you are holding is bright. A lot of people just invest but they tend not to have faith even in what they are holding and that is something terrible to be doing when it comes to investment. Being afraid does not solve any problem, knowing what to do positively when other people are busy panicking and focusing on the negative, is what would make you stand out at the end and in this case, rather than panic, just buy the dips. If some are dumb enough to give you at a lower price, then that is their cup of tea. |
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I think ethereum is gaining more acceptance among business and that is why we are seeing many icos using it to raise funds from the public. We should not undermined the significant of this in cryptocurrencies development because a particular coins must be adopted for a particular purposes and that is what I see with ethereum and fund raising.
Ethereum is gaining acceptance now because it is filled up with shitty tokens on its platform and even though I believe it has really come up with some development in this space, it has also been able to add to the craziness of this space somehow. I do not know how Ethereum will be the future of cryptocurrencies though, but with the way things are going and with the smart contract usage, I am pretty sure somehow, Ethereum may actually end up being overtaken. Like someone rightly said, what you are seeing is just a beta test and I do not think Ethereum really have what it takes to compete in the long run except a huge development comes to the protocol. |
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1) To celebrate Christmas.
2) To close the books of the current accounting year.
So santa bitcoiners ain't gonna save nobody's ass, and FYI, being a optimist doesn't make you Santa(bitcoiners)'s bitch, unless you're a hooker.
Nothing is actually certain yet, and like you said, many people always dump their stash on the market before the end of the year to celebrate Christmas, a lot can happen before then, so let's just assume Santa could come with the gifts before Christmas...  ... Well, whichever way things turn out actually, who cares? The market has already been in a Christmas period for a while now with all the discounts he is giving to the smart ones to buy low, so it practically depends on each individual how they really want to be making the effort to stash up for the long run. There is huge optimism in the air though for those who have always seen ember months as the month where things get to change hugely in the market with respect to increase in value of coins, but I guess this is something we will have to wait and see how things would turn out.
This optimism is the result of what crypto holders have observed in every year-end and nothing wrong on that. I mean when more people start believing something and start accumulating then market will not have any other option excepting reacting the way how most people do believe. |
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That is exactly what people have always warned not to do so far.
"Buy low and sell high" is a real thing and if you wait for a trend to come first and buy afterwards you will be late. Remember those people that bought bitcoin at $20k ? Those people thought bitcoin was going so high that buying even at $20k levels would have been great. People that bought anything between $12-$20k levels ? They are all in a loss, why ?
Because they bought a trend price. Right now when the price is as low as it gets buying is a great thing, do not overbuy your position but definitely much better than buying when its going up.
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Some have started to ask the question which is usually asked at this time of year, can we buy BTC now and make some quick profit which we will spend for holidays? Since BTC is usually have best results in last 2-3 months of the year people got used to it, but considering last year events I'm not sure that we can easily hope to some big pump, even 9000$ looks pretty far away at the moment.
I would say that if people like OP start to buying now maybe price can move up, otherwise we can wait some miracle in the form of BTC ETF, but although there is little chance for that in December I would not bet on such outcome.
The funny thing about life is that people find it hard to make decisions on their own and that is something that has always made them to make terrible mistakes over time rather than trying to have a good understanding of the market, its benefits and risks and all that you stand to gain in its value in the long run, coupled with the prospect for mainstream adoption and real life usage. Those who understand these real values are usually the ones who tend to know the decisions to always make at certain point in time, with the people who do not have the understanding making huge mistakes and at the end, being left behind. |
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yes you are correct that the price of bitcoin this year is likely to be stable at the price of $ 6-7k and it seems very difficult to be able to return to high prices again because there is no good news that can trigger investors or whales to buy coins. I also see from the graph that it seems like this year bitcoin prices tend to fall.
For this year? Do not say that yet!! There is every chance that in the next few hours or days, we will definitely get to see bitcoin take a direction, so assuming a stable price at the moment, around $6k to $7k for the rest of the year is one thing I would not expect. We are in a descending triangle and one way or the other, the market will eventually tend to breakout to one direction, but how that happens is something we will only get to see in a matter of time and for what it is worth, with the way previous Q4 have been for the past few years, let's hope we may get to see the same thing this year. |
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My tip: Do not invest in ICOs. ICOs are not as much profitable these days compared to last year. If I were interested in a certain ICO(though extremely unlikely), I'd probably buy it after the distribution instead, as prices are sometimes lower after the coins/tokens are accepted on exchanges.
This is actually a very good suggestion and judging from the way ICOs have been lately during the bear trend and a lot of them trading far below their ICO price, I would even say it is a whole lot better waiting for the project of your choice to get listed first and then go ahead buying them when you feel they have bottomed enough and you are getting far below the ICO price. However, for general knowledge, I guess the idea of doing due diligence on the team, checking if there is a product and looking at the vision is what is important the most, when investing in ICOs. |
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Just because the market is not bullish doesn't mean it is bearish, why do people keep thinking that since bitcoin did not moved above the $10k limit we are suddenly in a "bear market". That is not how the markets work, bear does not mean that bitcoin hasn't gone up, bear is when the price goes down.
Market was going down from December to may or something and that was bear but can you look at the market for the past 30 days ? Can you call that "going down" ? I think not. Bitcoin and the market in general has been in a stagnant market and it has not dropped under 5800 which means we are in a great market. Amazing starting point for the next bull run.
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In my opinion, paying for something so fundamental to our society is ridiculous. Everyone should access education for free. This will make our societies much better.
Most especially, a society where everything has gone digital. Moreover, I would not say it is ridiculous, because I have seen sometimes that when people want something so badly and they want to do it right, while knowing their lapses in making researches online and would want guidance along the way, a lot of people always end up preferring to pay for it. Sometimes, some would tell you that when you pay for something, you will value it the more and you will want to be more dedicated to learning so it does not go to waste. Generally though, it takes a lot of dedication to be able to learn trading either you want to pay for it or you want to get resources online. |
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I would bet that almost 50% of people who enter the crypto world do not necessarily understand 100% of the blockchain itself. they only know where they will invest and will get profit. I myself only know that blockchain is a ledger that records all crypto transactions.
Exactly. Majority will think that blockchain = bitcoin. Lol. Blockchain is the technology behind almost all crypto right now. Anyways, the more people understands the difference the more they're going to be a smart investors. If they heard that some company invested or uses blockchain technology doesn't mean that bitcoin will go the moon.  Because majority is not tech savvies and it would be hard honestly to see a layman understand some of the technical details when it comes to blockchain technology . What most people understand is probably the application, how things could be over time, and most especially how they can get rich overnight which we know the latter is all most people think about and this is the reason why not being able to understand in particular what blockchain technology is, the disruption it brings and some details on how things would be in the future, it would be hard for them to make better long term plans even in the crypto market. |
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Why do people prefer to gamble to spend a lot of time rather than playing games? Because they gamble of course with the aim of winning and making lots of money. I think gambling is more fun than playing games. You are right; the aim of gambling is not fun rather they want to make money in an easy way. These people are living in the heaven of fools. They know that gambling is not a way of making money but a way of losing money. You will earn money with hardships and lose just in minutes in gambling. Sensible people never gamble because they know the consequences of gambling. The mindset a lot of people always have towards gambling is for sure to make a lot of money from it, otherwise, we would not see someone say he is trying to use some strategy to rake in some good wins or some sort, and for real, it is normal as every human mind is fashioned to at least want to try to win in whatever they do, but the idea of not facing reality and just hopping into the gambling platform thinking it should bring in some good stories is what has made a lot of people to face the harsh nature of gambling. Some might claim they do have fun, but if we really want to be realistic, fun is just what some people framed up to be able to curtail themselves from things getting out of hand. |
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No matter what you feel about it google is the biggest website in the whole world. They own more visitor counts than millions of other websites (weird that it all started as a two college kids project) so when google says its okay to advertise about crypto currencies it will definitely affect the price. However, bitcoin is volatile so even if this is a great news and everyone here would be greatly happy to see the support of google for crypto it doesn't mean bitcoin will move any differently. Yeah, it may go up 20%-25% all of a sudden because of this news who knows however when it goes up it also goes down so you do not see it clearly when it happens. |
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I want to share some trading tips for the beginner, use the moving average in the trade and use the candlestick. First set moving average 12 and 21 and follow Candle pattern. Moving average 21 crosses to verify the market trend. When the candle closes by crossing moving average 12. Find out if the candle closes below under moving average 21 and find out the sell. Hopefully, a profitable trade is possible if you trade in a completely formal manner.
We use the trending trading for the past 5 years probably, that has been the most known trading method in bitcoin so far. Even today people do that whenever bitcoin goes 100 dollars in one direction they bet it will go another 300-400 dollars on that direction. Now with your trading method you are using the trending as well, your candlestick averages decides what the trend seems like and whenever it makes a move one direction it bets it will keep going that direction which is basically the same as the trend trading method which has been known for years. Only difference is yours uses more indicators to make sure and other one doesn't. |
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Do you mean 2% for stop loss ? With high volatilitas of crypto, i think that too small percentace in crypto trading, for the better use minimum 3% to 5% for stop loss and take profit minimum 10%. Stop loss 2% can be better to use in stocks trading that has lower volatility than crypto.
2% trading strategy is not about stop loss, but a way to manage your funds when trading. As long as you are trading a market and you want to enter a position, it is a normal way of saying you should not use more than 2% of the total amount you have to go in on that trade. That is one thing a lot of people always fail to do anyway and they either go all in, or just do whatever they please when going in on the trade which makes the outcome horrific at times, when things should not go in their favor. With respect to stop loss, as long as you are not having a higher loss to lower profit ratio, then you are good, so in that case, you always set your own risk when it comes to stopping loss. |
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Do no hear them. They are people who yell "WE ARE GOING TO DIE" in the movies as well. Just calm down and take a look at the data you have, as sherlock holmes said (sir arthur conan doyle said ?) "if you have all the data available than you can predict what happened and what will happen". Look at crypto, look at bitcoin, do you think something as big as this and as huge and valuable as this can disappear ?
It worth like a trillion dollars in cap in December, that is same as apple disappearing tomorrow, do you think apple can disappear soon ? I do not think so, I think we will go stronger each year.
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